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    Rapier Gold Finds More Gold-bearing Structures at Pen Project

    Charlotte McLeod
    Mar. 02, 2016 04:38PM PST
    Gold Investing

    Rapier Gold Inc. (TSXV:RPR) announced results from a seven-hole drill program completed at the Fox outcrop, located in the Talc mine area of its Pen gold project. Drilling was aimed at getting a better understanding of the sub-vertical new vein zone intersected in hole PG13-108.

    Rapier Gold Inc. (TSXV:RPR) announced results from a seven-hole drill program completed at the Fox outcrop, located in the Talc mine area of its Pen gold project. Drilling was aimed at getting a better understanding of the sub-vertical new vein zone intersected in hole PG13-108.
    As quoted in the press release:

    The most significant intersection was in PG16-120 of 2.27 g/t over 2.8 m, this was a 258 m hole and the intersection occurred at a vertical depth of approximately 80 m. This zone appears to be a different zone than the one intercepted in hole PG13-108. It is a strongly sheared carb rock zone with multiple small vein/vein sets which may have been observed in the Fox Outcrop mapping, possibly south of the New Vein Zone.
    The proximity of this intersection in relation to the previously reported intersection in PG13-108 of 13 g/t over 4.3 m, and the four high grade surface grab samples of 20.7 g/t, 5.95 g/t, 13.6 g/t and 7.13 g/t. is shown on Appendix A.
    The other six holes intercepted significant sections of talc carbonate rather than the expected carb rock hosting the New Vein Zone. Further interpretation will determine other target areas outside of the talc carbonate.

    Click here to read the full Rapier Gold Inc. (TSXV:RPR) press release.

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